Commercial properties
Ahmedabad Municipal Corporation (AMC) demolished a total of 15 building units on Tuesday out of which seven were illegal shops in Kubernagar. Six shops were demolished near Rajesh Dudh Ghar and one shop was demolished near a portion of the airport wall. The squad demolished structures in Vijay Crossroads margin space of Supath Tower. A [...] Continue Reading »
In the current environment, renting an apartment works out to be much cheaper than outright purchase.It’s the newer properties where one notices sluggish sales because of their high rates. A trend of buyers look at old properties with a substantial number translating into sales. Not surprising then that corporates who own flats in such good [...] Continue Reading »
There are 20 lakh households in Hyderabad as per the census data, whereas the assessed properties with the Greater Hyderabad Municipal Corporation (GHMC) is only 12.5 lakh. Of the total, 10.5 lakh properties are residential, while two lakh are commercial properties. There is confusion over the huge difference in the number of properties in the [...] Continue Reading »
The general body of the Pimpri Chinchwad Municipal Corporation (PCMC) had made a proposal citing that citizens paying property tax before August 31 will get a deduction on tax of 10 percent.This resolution was made earlier this month and was approved this Thursday. From the next financial year (2012-13) citizens will have to pay the [...] Continue Reading »
Enhancement of property tax has been on the cards of the municipal corporation for the past four years after formation of Greater Hyderabad. Since March was the financial year ending for the 2010-11, the municipal corporation has decided to hike property tax from the 2011-12 financial year. Two proposals were sent to the government separately. [...] Continue Reading »
